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Assume you manage a risky portfolio with an expected return of 8% and a standard deviation of 21%. The T-bill rate is 2%. Your client

Assume you manage a risky portfolio with an expected return of 8% and a standard deviation of 21%. The T-bill rate is 2%. Your client chooses to invest 60% of a portfolio in your fund and 40% in a T-bill money market fund. What is the Sharpe Ratio of your client's portfolio. Leave your answer in decimal form with 4 decimal points.

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